Stock futures are pointing to a slightly higher open on Friday, as major indexes enter the trading session on week-long losing streaks.

Every year, investors look forward to the “Santa Claus rally,” a period that encompasses the final five trading days of December and the first two trading days of the new year. Since 1950, the S&P 500 has gained, on average, 1.3% during this stretch, while finishing higher nearly 80% of the time, according to Dow Jones Market Data.

S&P 500 futures are up 0.6%. Dow Jones Industrial Average futures are gaining 0.4%. Nasdaq 100 futures are adding 0.8%. On Tuesday, the Dow Jones Industrial Average fell 30 points, or 0.07%, to 42,544,

Stocks opened higher in the final session of 2024 but quickly ran out of steam. At the close, the Dow Jones Industrial Average was down 0.07% at 42,544, the S&P 500 was off 0.4% to 5,881, and the Nasdaq Composite was 0.

The stock market opened higher to kick off the first trading day of 2025. The Dow Jones Industrial Average was up 300 points, or 0.7%. The S&P 500 was up 0.5%. The Nasdaq Composite was up 0.5%. The yield on the 2-year Treasury note was down to 4.